FERS Part-Time Service: Clarifying the Creditable Service Rules
Yes, my name is Martha, and I tune into as many of your podcasts as I can, for your valuable information, I have a question regarding part time work previously, I thought that each year of part time service counted as a full year towards my years of principal service. But I was listening to […]
#112 Crafting Your 10-Year Tax Plan: How to Reduce Liabilities in Your FERS Retirement
Listen to the Full Episode: Planning for your retirement requires a solid understanding of your options. Discover the best strategies for managing your Thrift Savings Plan (TSP) and learn how to access your funds without facing penalties. In this episode, Micah and Christian discuss vital topics, including various withdrawal options, the significance of your FERS […]
Navigating Earnings Limits and SRS: What Happens When You Turn 62?
If you have a birth month of Jan ro April, and the year you obtain age 61, you exceed the earnings limit, how is that overage paid, since you will have obtained 62 by the reporting time and SRS will have ended, thanks for the great podcast, I am claiming 1 million Feds reached right […]
#111 Rental Property And Estate Planning
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream? Understanding your spending goals and determining your net income is not just crucial, it’s the key to managing your cash flow during retirement. Whether it’s Social Security benefits, pensions, or your Thrift Savings Plan, knowing how to […]
Understanding the FERS Supplement: Eligibility and Next Steps
FERS supplement annuity. I retired from SSA under the 25 years of service at any age in 2014. I was told I would be eligible for the supplement when I reach my MRA 56 and 6 months, which was this 06/2024. I have not received or heard anything from OPM. I’m just trying to verify […]
#110 5 Things You Need To Know As A Federal Employee BEFORE You Retire
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream? Navigating the complexities of your Federal Employee Retirement System benefits, Social Security, and Thrift Savings Plan is essential for a smooth transition into retirement. Learn how to manage your TSP investments, explore effective withdrawal strategies, and determine […]
High-3 Calculation Confusion: Different Work Periods And FERS Multipliers
Hi. I have congressional experience and a break in service and I have just retired to the executive branch and I was wondering how the high 3 is calculated when I have 2 different 2 different work periods and different multipliers because congressional service when I was there was a 1.7 % multiplier anyway, if […]
#109 How Does Retirement Income Work – A Roadmap To Financial Freedom
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream? Understanding your spending goals and determining your net income is not just crucial, it’s the key to managing your cash flow during retirement. Whether it’s Social Security benefits, pensions, or your Thrift Savings Plan, knowing how to […]
Can You Access Your FERS Supplement Right After Retirement?
I can retire in october 2019 with 30 years under first, I will be 56 and I mean 10 months old and I do not think that I will be eligible for SRS until may 27th, but then I filed for my retirement the first part of April and when my retirement Counselor called, she […]
#108 Federal Finances: Navigating Retirement Prep
Listen to the Full Episode: Join Tammy and Micah, seasoned federal retirement experts, as they share their insights on navigating retirement preparation, avoiding common mistakes with OPM, and ensuring a smooth transition from federal service. Learn about the importance of accurate record-keeping, the need for correct dates and service credibility, and how to involve […]
Reserve Military Retirement And FERS Military Retirement – Can You Keep Both?
I just saw you guide to military service credit buybacks. I purchased 11 years back and it was the best decision I ever made! I didn’t see something in your guide that I think is very important: There is a huge difference between a Reserve retirement and an Active Duty ( AKA Regular) retirement. As […]
#107 Burning Sick Leave: Managing Sick Leave Usage Near Retirement
Listen to the Full Episode: Are you nearing retirement and wondering how to manage your sick leave best? Join Tammy and Micah in this insightful episode of the Plan Your Federal Retirement podcast as they dive deep into the intricacies of using sick leave to optimize your federal retirement benefits. In this episode, Tammy and […]
